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Ray  It is my understanding SF bailed as they were taking a "blood bath" from Flood. They may not be the only WYO to fail.  You are likely correct concluding the "completed claim" was being reinspected to death and SF had agreed to flood payments by the policy that were being rejected by NFIP then further rejected following field review.  SF could not recover their flood payments from NFIP who has a laundry lists of new do's and don't's  that would make your head swim.  I have my own list of items that might be covered in a flood policy that NFIP and NFS  are not going to approve  so why put them in    SF dumped all their policies into NFIP Direct  every flood carreir is trying to reel in that business  Yet another of the joys of adjusting  knowing all the rules for your employer these days is tough

I am not dumping on venders, but we all know State Farm was always the plum any vender needed to be locked into the cat. biz.I worked flood losses for two of the largest carriers and the largest vender. This will put more pressure on the cat. corps as flood is not like roof claims.

Inside older guys will be needed.....to get the files in shape to submit. A license and less than 4 years(provable) days are history.

Well  NFS is in Montana and they review about every WYO file  you can live there  been there nice place not so great in the Winter  might have to learn to like mud

NFIP found during and after Allison hit Houston flooding the entire town just having a flood license does not confirm you have a clue about handling a flood claim.

Most of the rules changed following that followed by the big storm flood in Maryland several years later when  WYO's  told their insured to complain to their congressmen   well most of them live in Maryland and so they did  and more changes came  

Now we have the bad economy  money is tight  rules for handling claims and what we will now pay got tighter as well